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Multifamily Apartment Portfolio
For Sale
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Pending

6901 Grand Ave, Pittsburgh, PA 15225

Seven-building portfolio offering 28 two-bedroom residential units with stable residential income characteristics.

Days on Market112

Property Features for 6901 Grand Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 28
Listing Agency: JLL - Pittsburgh, Pennsylvania
Listed By: Ross Langford · License #PA
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 3:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Pittsburgh, Pennsylvania

Investment Insights

Based on property information with market context.

CBRE presents a seven-building multifamily apartment portfolio in Neville Island for sale, consisting of 28 two-bedroom residential units. The offering is positioned as providing healthy cash flow through the portfolio’s residential unit mix.

The portfolio is located on Neville Island with access to Interstate 79. Public remarks indicate a short commute to Robert Morris University, a drive to Pittsburgh International Airport, and access to the heart of Pittsburgh.

The asset is configured as a multi-building residential income portfolio centered on two-bedroom units.

Key Highlights

  • Seven‑building Neville Island portfolio with 28 total two‑bedroom residential units
  • Portfolio described as having stable residential income characteristics
  • Neville Island location with access to I‑79

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 15225, PA

1,108
Population
607
Households
1.8
Avg Household Size
46
Median Age
27%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
739
Density / Sq Mi
$59,620
Median Household Income
$43,750
Median Earnings
$913
Median Rent
$165,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven-building portfolio offering 28 two-bedroom residential units with stable residential income characteristics.
Where is this apartment building located?
The property is located at 6901 Grand Ave Pittsburgh, PA.
What are key features of this property?
This property features: Seven‑building Neville Island portfolio with 28 total two‑bedroom residential units; Portfolio described as having stable residential income characteristics; Neville Island location with access to I‑79
More about this property
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